Avia Solutions Groups
has promised to complete the work by summer 2015. According to the estimations
of Avia Solutions Group, the pay back period will be approximately 7 years. The
government will contribute 9.4 billion rubles ($285 million), while the company
is expected to invest the first 1 billion rubles ($30.3 million) by spring 2014.

Avia Solutions Group is ready to
pay about 22 million rubles ($667,500) for land rentals. The company is ready
to start paying dividends from the third quarter of 2015 by paying 13 million
rubles ($395,000), which by 2020 will be about 800 million rubles ($24 million).

Kommersant reported that an important
indicator for the state corporation was the amount of rent and dividends. The
detailed study of the company's business plan and construction schedule will
commence in the first quarter of 2014.

Related:

Avia Solutions Group manages the
airport of Vilnius. It comprises 17 enterprises, providing infrastructures and
services to airlines; maintenance and repair of aircrafts; and crew training.
The company carried out an IPO on the Warsaw Stock Exchange in 2011. The main
shareholder was the Lithuanian company ZIA Valda Cyprus with 32.9 percent of
the shares.

The company’s subsidiary, Baltic
Ground Services, works in the airports in Poland, Italy, Ukraine and Lithuania.
From 2011, the company has been involved in the maintenance and repairing of
aircrafts in the special economic zone of the Ulyanovsk port.